Market Harborough’s Homebase Store To Stay Open
Written by HFM News on 14th August 2018
Market Harborough’s Homebase store is to remain open.
It’s after the DIY retailer announced plans to close 42 stores elsewhere in the country, putting up to 1,500 jobs at risk.
Restructuring company Hilco, which bought the DIY chain for £1 in May, confirmed it was planning a Company Voluntary Arrangement (CVA).
It bought the struggling chain from Australia’s Wesfarmers after its disastrous foray into the UK market.
The firm, which has 241 stores, said the affected outlets would be shut over the next 16 months.
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